by Dan Mitchell | Apr 3, 2013 | Big Government, Blogs
Let’s assume you didn’t understand how a garbage disposal worked and, for whatever reason, you decided to stick your arm in one and turn it on. You would do some serious injury to your hand. The rest of us would wonder what motivated you to stick your arm down the...
by Dan Mitchell | Jan 13, 2013 | Big Government, Blogs
I have a serious question for readers. What’s worse, bailouts for government or bailouts for the private sector? Yes, both are bad, but is it worse to bail out a bankrupt entitlement program, such as Social Security, or it is worse to bail out an industry, such as the...
by Dan Mitchell | Dec 24, 2012 | Blogs, Economics, Taxation
Even though I knew some people would call me Scrooge, I wrote a few days ago about why we should get rid of the tax deduction for charitable contributions in exchange for lower tax rates. Simply stated, I’m a big advocate of fundamental tax reform, and I would like to...
by Dan Mitchell | Dec 16, 2012 | Big Government, Blogs, Economics, Government Spending
Since I want to shut down the Department of Agriculture, that obviously means getting rid of the various subsidy programs that line the pockets of politically connected agri-businesses. To get an idea of how these corrupt programs operate, I strongly encourage you to...
by Dan Mitchell | Dec 13, 2012 | Blogs, Education
Notwithstanding the title of this post, perhaps nobody deserves blame. Sometimes, a good or service rises in price solely as a result of changes in supply and demand. And if the price of something climbs because of market forces, then it’s merely a reflection of...